FX:USDCAD   U.S. Dollar / Canadian Dollar
138 4 0
Check out the weekly negative divergence on stochastics!! Also, inability to reclaim the trend line . Although we are sitting on all the EMAs, the down pointing weekly stokes are good enough for me - esp             on a weekly chart - the monthly stochastics seems to be turning down from overbought to now... im defo shorting this pretty much immediately, although hopefully on the lower time frames we'll get a small bounce...

CAD generally looks real strong.
Gotta follow this one.
Monk KevinT
Hi Kev... this is markstone - I changed my profile name :p... thanks for all your comments :). Yup this one on the watchlist...
Hey Mark. That's you bro ;)
BTW. Do you remember my (bullish) wolf wave on GBPUSD? We both had a hard time believing it would go that high, but it was what the pattern predicts. Amazing isn't it.
That 200 MA is indeed a pain in the for shorters. It's also preventing the twin top formatio from completing. RSI in the proximity of 50,,,just below. I'll wait for the MA break. Definately a nice chart.
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